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Global corporate insolvencies are forecast to increase by 26% in 2020 as the coronavirus pandemic pushes the world economy into recession

A major insolvency increase expected, and further lira depreciation would increase pressure on the highly indebted corporate sector

Steep recession stressing revenue and profits of businesses in many sectors

A strong rebound forecast in 2021, but several downside risks remain

The economy is under strain due to low oil prices and bleak global growth prospects

The expected economic contraction is lower than Eurozone average

The repercussions of coronavirus have hit an already weakening economy.

The repercussions of coronavirus have hit an already weakening economy.

A major downturn in domestic demand expected in 2020.

After a weak performance in 2019, the Thai economy is facing major challenges this year, as exports and tourism have severely declined